Thinking about an SBA business loan between $30,000 and $350,000? This is probably the best bet for applicants that qualify. Read on and judge for yourself.
If you’ve ever asked your bank for an SBA loan under $500,000 then you may be familiar with having to wait for an answer, an answer that may not be coming.
SmartBiz Loans(R- registered trademark symbol) is the leading online SBA loan marketplace that streamlines the application process for loans between $30,000 and $350,000. PLEASE NOTE SMARTBIZ LOANS IS NOT A "LENDER". The process only takes 7-10 days and the
rates are what you might expect from your personal bank. The advantage of the SmartBiz SBA marketplace is it increases the likelihood of approval because their technology platform matches you with the "right SBA preferred lending bank" with the credit criteria that best fit your particular business profile.
10 year terms mean low monthly payments! And since there are no prepayment penalties, you can pay off the loan at any time and save on total interest paid.
$30,000 - $49,000 7.75%
$50,000 - $350,000 6.75%
Loans have a variable rate of Prime rate plus 2.75% to 3.75%
4% covers referral and packaging fees. Bank closing costs typically add about another $450 and include standard bank fees though additional 3rd party report charges may apply.
A 2.25% guarantee
upfront fee will be assessed from your total requested amount of your SBA Business Loan - so figure in an
additional 2.25% to your total principal.
* A soft pull does not impact your credit score. When your loan application proceeds to funding, SmartBiz Loans and its lenders request a hard pull on your credit, which appears as an inquiry on your credit report. This only happens after your application is in the funding process and matched with a lender who is highly likely to fund your loan.
feel free to call or contact us and you can start your application over the phone.
After your soft credit pull, you will then get a response within 5 minutes,
And if you pass then you'll receive a conditional offer within 30 minutes during business hours, 8am - 5pm pacific time.
Would you like a $100 new customer bonus? If you begin your SmartBiz SBA Working Capital loan through Funding Factoring Solutions by using this link or calling in and we will begin your loan then Funding Factoring Solutions would like to send you a $100 new customer bonus upon approval.
And that is it!!!
In a minimum of 7 days of a completed application, you could have your SBA Business Loan approved at an excellent rate with perhaps the best interest rates available to small businesses.
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